while deducting tds on salary, the amount deducted in the
previous month is payable on 7th of the succeeding month to
whom?

Answers were Sorted based on User's Feedback



while deducting tds on salary, the amount deducted in the previous month is payable on 7th of the ..

Answer / ashish ujawane

The amount is payable to bank nominated (All Nationalize
bank Now) to collect the TDS amount through TDS challan
monthly paid.

Is This Answer Correct ?    3 Yes 0 No

while deducting tds on salary, the amount deducted in the previous month is payable on 7th of the ..

Answer / sunitagangal

TDS amt should be paid to Income tax account.

Is This Answer Correct ?    0 Yes 0 No

Post New Answer

More Taxation Interview Questions

How Can i file tds return

1 Answers  


What is TCS? Are the rates of TDS and TCS same??

22 Answers  


what is the entry made by purchaser received stock transfer against form f for inter state stock transfer from sister concern company

3 Answers  


1.meaning of income tax,service tax,central excise,esi7pf 2.methods of filling above taxes? 3.methods of payment of taxes?

0 Answers  


what is the actual use of pure agent in tally erp 9 and why we use in tally .and what is the role of pure agent

0 Answers   Chartered Accountant,






My Total CTC is 12500(not gross salary), i am living in Mysore(non-metropoliton city) what will be the take home salary after deduction? thanks in advance.

0 Answers  


(1)what is last date of monthly TDS challan deposit (2) what is last date of TDS quarterly Return filling

32 Answers   Advance Steel Tubes, Bombay Burmah Trading Corporation, First City, Kekran Mekran, SA Enterprises, Wipro,


1. Is TDS asset or Liability ?. 2. Is TCS Asset or Liability ?. 3. Which is Debit side and Which is Credit Side in Balance Sheet ?.

11 Answers  


how to recover a tds from taxation towards an assesse so particularly in finaNCIAL YEAR

1 Answers   Bank Of America,


CASH SALE OF Rs. 10000/- WITH TAX. THEN WHAT SHOULD BE THE ENTRY BEHIND THIS IN BOTH SIDE SALES AND TAXATION.

0 Answers  


what ate the difference between tds and income tax and which form is used for deposit tds and income tax.give me detail infromation about this question.

2 Answers   Parryware,


WHERE WE HAVE TO TAKE TDS RECEIVABLES IN THE BALANCE SHEET OR P&L A/C ?

12 Answers   Insurance, Reliance, Wings Customer Care,


Categories